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Student Loan
(redirected from Education Loan)

   Also found in: Medical, Wikipedia 0.01 sec.
Student Loan
A loan one uses to pay for postsecondary education. A parent, guardian or the student may take out a student loan. In the United States, the federal government subsidizes or guarantees some student loans to enable more people to attend college. Interest on student loans is also tax deductible in the United States. However, because universities in the United States are often so expensive, many students spend a significant portion of their income on student debt service.


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Today, there are several private and national banks offering different kinds of education loans to students for practically any subject of study.
Political force compels banks to give edu loans These loans will now be revamped under new rules POLITICAL PRESSURE is forcing the banking industry to continue with its education loan programme despite the alarmingly high default rate -- currently at eight times that of other loans.
The ADCB Education Loan is a key driver of sustainable education across the region by providing participants residing in the UAE with the financial aid needed to pursue their career goals.
 
 
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